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Brazilian Rare Earths Ltd. ( (AU:BRE) ) just unveiled an update.
Brazilian Rare Earths Ltd. has entered a strategic 10-year partnership with Carester SAS to supply heavy rare earth feedstocks and receive engineering support for its planned separation plant in Brazil. This collaboration aims to address the global shortage of heavy rare earths like dysprosium and terbium, crucial for high-performance magnets, and positions BRE as a key player in the rare earth market, with Carester’s facility in France set to become a major processing hub.
The most recent analyst rating on (AU:BRE) stock is a Buy with a A$6.30 price target. To see the full list of analyst forecasts on Brazilian Rare Earths Ltd. stock, see the AU:BRE Stock Forecast page.
More about Brazilian Rare Earths Ltd.
Brazilian Rare Earths Ltd. (BRE) operates in the rare earth industry, focusing on the production of high-value rare earth elements such as neodymium, praseodymium, dysprosium, and terbium. The company aims to establish Brazil as a leading hub for rare earth production, leveraging its high-grade deposits at the Monte Alto Rare Earths Project.
Average Trading Volume: 329,274
Technical Sentiment Signal: Buy
Current Market Cap: A$1.14B
See more data about BRE stock on TipRanks’ Stock Analysis page.